BALANCE SHEET AS AT 31ST DECEMBER, 2004

(AMOUNTS IN MILLION SHILLINGS)

Position as at 31/12/2004

Position as at 30/09/2004

Position as at 31/12/2003

A.

ASSETS

   

1.

Cash

12,287

12,006

12,510

2.

Balances with Bank of Tanzania

52,448

50,761

42,065

3

Balances with Other Banks

121,981

102,608

74,697

4.

Cheques and items for clearing

13,298

12,792

23,197

5.

Investment in Debt Securities

137,350

112,722

144,750

6.

Investment in other securities

7,634

7,634

4,488

7.

Loans, Advances and Overdrafts (Net of Allowances for Probable Losses)

121,444

115,998

60,322

8.

Bills Receivable

- - -

9.

Bills negotiated

400

984

615

10.

Equity Investments

1,340

1,340

-

11.

Customers Liabilities on Acceptances

- - -

12.

Fixed Assets (Less Depreciation)

5,448

5,737

4,772

13.

Interbranch Suspense (Net)

14

Other Assets

13,073

28,022

7,562

15

TOTAL ASSETS

486,703

450,605

374,978

  

   

B.

LIABILITIES

16

Customer Deposits

428,583

396,511

331,131

17

Deposits from Other Banks

12,242

3,726

626

18

Cash Letters of Credit

-

-

-

19

Bills Payable

-

-

-

20

Bankers Cheques and Drafts issued

7,613

10,479

8,633

21

Accrued Taxes and Expenses Payable

1,012

1,853

596

22

Acceptances Outstanding

-

-

-

23

Interbranch Suspense (Net)

-

-

-

24

Other Liabilities

9,824

13,879

15,017

25

TOTAL LIABILITIES

459,274

426,448

356,003

NET ASSETS / ( LIABILITIES )

27,429

24,157

18,975

C.

CAPITAL AND RESERVES

27

Paid up Share Capital

12,367

12,367

8,244

28

Capital Reserves

3,556

3,556

3,556

29

Retained Earnings

1,574

2,126

2,607

30

-Profit /(Loss) Account

9,932

6,108

4,568

31

Others

-

-

-

32

TOTAL SHAREHOLDERS' FUNDS

27,429

24,157

18,975

   

   

    

    

33

Contingent Liabilities

13,103

14,929

8,646

34

Non Performing Loans & Advances

4,787

4,901

6,602

35

Allowances for probable losses

1,441

1,930

2,627

36

Other Non performing Assets

-

-

-

  

  

D.

PERFORMANCE INDICATORS

(i)

Total Capital to Total Assets

5.64%

5.36%

5.06%

(ii)

Non performing loans & Advances to Total Advances

3.89%

4.15%

10.39%

(iii)

Gross Loans and advances to total deposits

27.91%

29.52%

19.16%

(iv)

Loans and Advances to total Assets

25.25%

26.17%

16.79%

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